- The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 001202
Securities Abbreviation: Jushen Co., Ltd.
Announcement No.: 2025-086
Progress Announcement on Financing Lease Business and Guarantees by Subsidiaries
- Transaction Overview
(1) Basic Information
Recently, Shenzhen Logistics Group Co., Ltd. (hereinafter referred to as "the Company") subsidiaries, Hong Kong Shenhao Shipping Co., Ltd. (hereinafter referred to as "Hong Kong Shenhao") and Hong Kong Shenrui Shipping Co., Ltd. (hereinafter referred to as "Hong Kong Shenrui"), have entered into financing lease agreements with Shanghai Jiangtong Financing Lease Co., Ltd. (hereinafter referred to as "Shanghai Jiangtong") using the Taurus and Aries deck cargo ships as the leased objects, with a total financing amount of RMB 50,000,000 (excluding interest). The Company provides joint liability guarantees for the aforementioned financing lease business.
(2) Approval Status
The Company's 29th meeting of the 3rd Board of Directors held on April 16, 2025, approved the proposal on adjusting the expected guarantees for subsidiaries in 2025. This proposal was also approved by the Company's shareholders' meeting, allowing the Company to provide guarantees not exceeding RMB 150 million for Hong Kong Shenrui and Hong Kong Shenhao, respectively. For details, please refer to the announcement disclosed by the Company on April 18, 2025 (Announcement No.: 2025-025). The guarantees provided this time are within the approved limit and do not require additional board or shareholder meetings for approval.